Brazil

The corporate and M&A team at Finocchio & Ustra Sociedade de Advogados advised Framework Digital, a technology company focused on digital transformation and innovation for large enterprises, in the acquisition of Rethink, a leading consultancy specializing in strategy, design, and digital product development.

“Moral damages” (“danos morais”, in Portuguese), refer to compensation awarded to individuals or entities that have suffered non-material harm, such as damage to reputation, violations of personal rights or emotional distress.

Brazilian regulation requires all companies, both national and foreign, registered in the National Registry of Legal Entities (CNPJ), to declare the existence or non-existence of an Ultimate Beneficial Owner (UBO) within thirty (30) days from the date of registration with the CNPJ, in accordance with the guidelines contained in the Normative Instruction No. 2119/2022, issued by the Federal Revenue Service.

SUMMARY This article analyzes the legislative changes that were introduced by Complementary Law No. 213/2025 in the private insurance system in Brazil,